For this exercise you need to consider the sourcing, production and logistical elements of your product proposal for your major project.
You are required to identify and justify 2 relevant sourcing options for your product.
You will then be required to develop a full costing sheet for both source options.
Costing sheets should include but are not restricted to – fabric, trims and findings, CMT, labeling, packaging, freight, taxes and tariffs, manufacturing margin, recommended retail price.
At the end of this exercise you will need to make recommendations regarding your findings. (ie are either of these options commercially viable, if so which one would you recommend using, if not what further work is needed or other options should be considered). Think about cost, quality and customer expectations.
Report Format (bound hard copy)
1. Title Page
2. Table of Contents
4. Identification and justification of source countries
5. Costing sheet for Option A
6. Costing sheet for Option B
9. Reference List
10. Appendices (include all evidence of quotes and communications with sources and suppliers)
Research Required: You will need to utilise a wide range of research in order to successfully complete this task. Research may include but is not restricted to store visits, current news and industry articles, industry and government reports, industry contacts (would be most useful and will be highly regarded).
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